The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
When the Debt Incurred in a Cash Merger Causes the Target to Fail: Protecting Target Directors

Subscribe to Director Notes

Recent high-profile examples demonstrate the potential liability directors may face if they approve a cash merger financed in substantial part through borrowing and the target company fails. This Director Notes describes that risk and reviews steps directors can consider that may help mitigate it.

Director Notes
Complimentary: Sign in or create an account to download.